The public listing of diamond exploration company Almazny Bereg on the Central Russian Universal Exchange marks an industry first. The company holds the development licence for the Verkhotina project …
A restructuring by Noranda (TSE) has resulted in Noranda Minerals being replaced by two new entities, Noranda Mining & Exploration (NM&E) and Noranda Metallurgy. The announcement follows a year of “st…
The so-called “7-up Pete” joint venture of Canyon Resources (NASDAQ) and Phelps Dodge (NYSE) has initiated the permitting process in order to bring the McDonald gold deposit into production. Situated …
A subsidiary of Golden Star Resources (TSE) can earn an 80% undivided interest in the 900-sq.-km Eteke gold prospect in Gabon, West Africa. Previous exploration uncovered numerous areas with anomalous…
The Workers’ Compensation Board (WCB) in Ontario may pay compensation benefits to estates of gold miners who died of lung cancer. The original WCB policy restricted eligibility for entitlement and ben…
Back in 1986, before Louis Gignac accepted the opportunity to head up a public mining company holding the crown jewels of Quebec’s government-owned Soquem, he wanted assurances that the company would …
Working to return its namesake mine to production in northwestern Ontario, Madsen Gold (TSE) is planning to extract 40,000 tons of upper-level ore for gold processing in 1995. President James Morlock …
An open-pit coal mining operation is planned for the Springhill area of Nova Scotia. Springhill Coal has drawn up plans to extract about 2.2 million tonnes during a 12-year period from 14 sites in the…
High royalty and net profit payments on the Ashdown gold property in Humboldt Cty., Nev., have led International Mahogany (TSE) to conclude the property is uneconomic. Subsequently, Mahogany has termi…
Mining giant Noranda (TSE) is demonstrating interest in three Mexican copper properties belonging to Aquiline Resources (VSE). The properties — La Reyna, La Vista and La Joya — are all in the southw…
Results from the eastern-most hole to date proved to be the highlight of surface drilling by River Gold Mines (TSE) at the Eagle River gold project near Wawa, Ont. The intersection encountered 69.86 g…
Possession and control of the Brisas concession in Venezuela will remain with a subsidiary of Spokane-based Gold Reserve (TSE). The decision was made by the Supreme Court of Venezuela, which reaffirme…
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